Webcast

Advising Public Charities on Compliance with the Internal Revenue Code

Streams live on Monday, March 25, 2019 at 10:00am EDT

Taught by
Get started now

$299 / year - Access to this Course and 1,500+ Lawline courses

or

Course Information

Time 60 Minutes
Difficulty Intermediate

Course Description

The subset of section 501(c)(3) organizations known as public charities is closely regulated by the Internal Revenue Code. From qualifying for public charity status to managing revenue-generating activities without jeopardizing that exemption, the Code governs and informs the decisions of public charities. Other issues that arise for public charities, for which understanding the rules under the Internal Revenue Code is paramount, include lobbying activity and transactions with insiders. These transactions can include compensation for employees, officers, and directors, and every public charity is likely to face these rules at some point. This program will review the relevant provisions of the Code as they apply to public charities.

The course, taught by Anne Gerson, counsel in Venable’s Non-profit practice, will provide an in-depth look at these issues. Attorneys will come away with a practical understanding of how to apply these laws in the day-to-day functions of a public charity.


Learning Objectives:

  1. Review certain provisions of the Internal Revenue Code that apply to public charities and review how to qualify for public charity status
  2. Examine key provisions for compliance with tax laws regarding lobbying activities
  3. Advise clients on best operating practices for revenue generating activities to avoid tax liabilities under the Code

Credit Information

This course is pre-approved for CLE credit in the following states. If your state is not listed, contact support for more information on how to receive credit

Course is pending approval in the following states: Minnesota (CLE), Wisconsin (CLE). Click here to learn more .

Faculty

Anne K. Gerson

Venable LLP

Anne Gerson is an experienced attorney dedicated to the representation of tax-exempt organizations. Anne advises clients on the full array of tax, corporate, governance, and strategic issues that arise for tax-exempt organizations, always focused on providing practical and creative solutions. A specialist in tax law, she advises clients on federal tax issues, such as domestic and international grant-making, self-dealing and excess benefit transactions, obtaining and maintaining exempt status, unrelated business income tax, excess business holdings, program-related investments, lobbying and political activity, and IRS audits. Anne also addresses complex corporate governance matters, helping clients develop sustainable procedures for their operations.

She has worked with many organizations undergoing significant corporate restructuring or fundamental changes, such as mergers, joint ventures, and dissolutions.